Category: South
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North east outstrips South as UK’s pay rise capital
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Workers in the north of the UK are now more likely to receive a pay rise than their counterparts in the south, according to Totaljobs’ new 2025 salary trends report. The research, which relied on 17.5 million online job adverts and a survey of 3,000 people, found that 84% of…
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Political Instability In South Korea Fuels Bitcoin ‘Kimchi Premium’ Surge
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The Bitcoin (BTC) “kimchi premium” has returned to the South Korean cryptocurrency market, as the country faces political instability. This has led to a weakening of the Korean Won (KRW) and a rise in the price of the leading cryptocurrency. Bitcoin Kimchi Premium Rising in South Korea According to CryptoQuant…
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South Korea Sanctions 15 North Korean Hackers and One Entity Over Crypto Theft Operations
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South Korea has Announce Sanctions against 15 individuals and one entity from North Korea involved in cybercrime, including large-scale cryptocurrency thefts. The move comes amid growing concerns about North Korea’s use of cyber operations to fund its weapons programs and evade international sanctions. South Korea imposes sanctions on North Korean…
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Farmers are still reeling months after Hurricane Helene ravaged crops across the South
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Breadcrumb links PMN BMN Business Article writer: Associated Press Ross Bynum Posted on December 21, 2024 • 4 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content LYONS, Ga. (AP) — Twisted equipment and downed tree limbs…
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South Korea Crisis Sparks $34.2 Billion Explosion In Crypto Market
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last tuesday, South Korean President Yoon Suk-yeol It surprised the country by declaring martial law. The president’s surprise announcement, which was later retracted, created political chaos and rattled markets. South Korea The stock market fell In morning trading on Wednesday, the Kospi fell 2% as a result of the turmoil.…
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South Korea Crisis Sparks $34.2 Billion Explosion In Crypto Market
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last tuesday, South Korean President Yoon Suk-yeol It surprised the country by declaring martial law. The president’s surprise announcement, which was later retracted, created political chaos and rattled markets. South Korea The stock market fell In morning trading on Wednesday, the Kospi fell 2% as a result of the turmoil.…
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South Korean Crypto Exchanges Hit Record $34 Billion Volume
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Yesterday, the cryptocurrency market in South Korea suffered a sharp decline after declaring a state of emergency. This caused a massive sell-off that brought the prices of most cryptocurrencies to monthly lows. After the turmoil, local stock exchanges saw record daily trading volume for the second day in a row,…
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South Korea’s Whirlwind Stint in Martial Law Jolts Markets
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(Bloomberg) — South Korean President Yoon Suk-yul’s surprise decision to impose martial law in South Korea for the first time in more than 40 years — and then reverse course just as quickly — sent shockwaves through the country’s offshore-traded assets and caught fire globally. Markets were caught off guard,…
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Cryptocurrency Tax Postponed! South Korea Extends Breathing Room To 2027
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Cryptocurrency companies in South Korea will have some breathing room before they start paying capital gains tax as the government has decided to postpone its implementation for two years. South Korean lawmakers agreed not to impose a tax policy on cryptocurrencies next year, moving its implementation to 2027. Cryptocurrency tax…
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Cryptocurrency Tax Postponed! South Korea Extends Breathing Room To 2027
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Cryptocurrency companies in South Korea will have some breathing room before they start paying capital gains tax as the government has decided to postpone its implementation for two years. South Korean lawmakers agreed not to impose a tax policy on cryptocurrencies next year, moving its implementation to 2027. Cryptocurrency tax…
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South Korean politician calls for investigation of biomass energy material imported from Indonesia
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Breadcrumb links PMN BMN Business Article writer: Associated Press Victoria Milko and Hyung Jin Kim Posted on November 28, 2024 • Last updated 15 minutes ago • 4 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content…
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South Korea-made weapons in high demand after Ukraine invasion
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On the outskirts of an industrial city in South Korea, workers at a sprawling weapons factory were conducting the final phase of testing a newly built surface-to-air defense system that could eventually head to Ukraine. Longstanding domestic policy bars Seoul from sending weapons to active conflict zones, but since the…
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South Korea-made weapons in high demand after Ukraine invasion
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On the outskirts of an industrial city in South Korea, workers at a sprawling weapons factory were conducting the final phase of testing a newly built surface-to-air defense system that could eventually head to Ukraine. Longstanding domestic policy bars Seoul from sending weapons to active conflict zones, but since the…
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Cross-Border Crypto Transactions Targeted By South Korea
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South Korean authorities have announced their plan to fully regulate cross-border cryptocurrency transactions by the end of 2025 to combat the “blind spot” that enables foreign exchanges to evade taxes. Quranic authorities regulate cross-border cryptocurrency transactions According to local media Edaily, South Korean Deputy Prime Minister (DPM) Choi Sang-mook subscriber…
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After Years of Blackouts, South Africa is Suddenly Keeping the Lights On
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Breadcrumb links BMN Business Chronic power outages have crippled the economy and disrupted politics for more than 15 years. Then, seven months ago, they just stopped. Article writer: Bloomberg News Paul Burkhart Posted on October 26, 2024 • 5 minute read You can save this article by registering for free…
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South East leads in bank loans to small businesses as other UK regions lag behind
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Small businesses in south-east England are benefiting from a strong rebound in bank lending, leaving the rest of the UK behind, according to new research by the British Business Bank. Lending to businesses in the region has surged, leading to a 21% increase in approved loans and overdrafts across the…
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Bitcoin Trades Below Global Prices In South Korea, Erasing Long-Standing ‘Kimchi Premium’
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This article is also available in Spanish. Bitcoin (BTC) is trading slightly lower in South Korea compared to global cryptocurrency markets due to a reverse “kimchi premium,” which has not been seen. since October 2023. Reverse ‘Kimchi Premium’ Makes Bitcoin Cheaper in South Korea According to A a report By…
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South African Revenue Service Cracks Down On Crypto With New Tax Rules
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In an update shared via the country’s news agency, the South African Revenue Service (SARS) has called on taxpayers to declare their digital currencies and other crypto assets through the Voluntary Disclosure Program (VDP). Given the growing popularity of digital assets such as Bitcoin and Ripple’s XRP among South Africans,…
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South African Revenue Service Cracks Down On Crypto With New Tax Rules
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In an update shared via the country’s news agency, the South African Revenue Service (SARS) has called on taxpayers to declare their digital currencies and other crypto assets through the Voluntary Disclosure Program (VDP). Given the growing popularity of digital assets such as Bitcoin and Ripple’s XRP among South Africans,…